AM Best Upgrades Credit Ratings of Greenlight Capital Re, Ltd. and Its Subsidiaries
Core Viewpoint - AM Best has upgraded the Financial Strength Rating and Long-Term Issuer Credit Ratings of Greenlight Reinsurance, Ltd. and Greenlight Reinsurance Ireland, indicating improved financial stability and creditworthiness [1] Group 1: Financial Ratings - The Financial Strength Rating of Greenlight Reinsurance, Ltd. has been upgraded to A (Excellent) from A- (Excellent) [1] - The Long-Term Issuer Credit Ratings of Greenlight Reinsurance, Ltd. and Greenlight Reinsurance Ireland have been upgraded to "a" (Excellent) from "a-" (Excellent) [1] - Greenlight Capital Re, Ltd. has also seen an upgrade in its Long-Term Issuer Credit Rating to "bbb" (Good) from "bbb-" (Good) [1]